Securities code: Chow Tai Seng Jewellery Company Limited(002867) securities abbreviation: Chow Tai Seng Jewellery Company Limited(002867) Announcement No.: 2022008 Chow Tai Seng Jewellery Company Limited(002867)
2021 annual performance express
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
Special note: the financial data of 2021 contained in this announcement is only preliminary accounting data, which has been audited by the company’s internal audit department and has not been audited by an accounting firm. It may be different from the final data disclosed in the annual report. Investors are reminded to pay attention to investment risks.
1、 Main financial data and indicators in 2021
Unit: RMB
Increase / decrease range of the project in the same period of last year in the reporting period (%)
Total operating revenue 91552000432750841847422 80.07%
Operating profit 158557599490130882267759 21.15%
Total profit 159759258860132387977229 20.68%
Attributable to shareholders of listed companies 122825381411101331272193 21.21%
Net profit of
Attributable to shareholders of listed companies after deducting non recurring profits and losses
Net profit 11933524433794580109395 26.17%
Basic earnings per share (yuan) 1.13 0.93 21.51%
The weighted average return on net assets was 21.39% and 20.15%, with an increase of 1.24 percentage points
Increase / decrease range at the end of the reporting period (%)
Total assets 699351573970665574353885 5.07%
Attributable to shareholders of listed companies 577224450895538567647986 7.18%
Owner’s equity
Share capital 10962234010073081560100 50.00%
Attributable to shareholders of listed companies 5.27 7.37 – 28.49%
Net assets per share (yuan)
Note: the above data are filled in with consolidated statement data (Unaudited).
2、 Description of operating performance and financial status
During the reporting period, in the face of the epidemic situation in the 21st century and the fierce market competition environment, the company focused on the business strategic development objectives, gathered strength in adversity, faced difficulties, made changes and innovations, actively explored new models of integrated development, timely started the business of provincial service centers, effectively improved the efficiency of supply chain operation and capital turnover, focused on integrating high-quality customer resources in the market and stimulated the vitality of channel development, Strengthen the brand expansion and penetration of Chow Tai Seng Jewellery Company Limited(002867) jewelry in the target market, and strengthen the brand potential. By the end of 2021, the number of stores of the company had reached 4502, with a net increase of 313 stores in the reporting period; In terms of product R & D, during the reporting period, “love100 constellation Aurora diamond Master Series” and ” Chow Tai Seng Jewellery Company Limited(002867) extraordinary ancient gold series” featured products were successively launched, and the “big diamond empowerment” project was organized and promoted. The situational style jewelry product system was continuously improved, the product R & D was continuously optimized, and the product competitiveness was continuously improved. Around the target population of gold products The six product lines of “happy childhood, romantic flowering, happy marriage, auspicious life, beautiful life and bright life” have been constructed with elements such as application scenarios. The R & D and promotion of fashion and cultural and creative gold have been strengthened, and the gold products have been gradually strengthened. The gold category has increased significantly in the reporting period; In terms of operation, during the reporting period, the company continued to innovate marketing means, accelerate the Wuxi Online Offline Communication Information Technology Co.Ltd(300959) integration, improve the refined operation and management level of terminal stores, tap the endogenous growth power, and the company’s business continued to maintain a good development trend and took solid and powerful development steps.
During the reporting period, the company achieved an operating revenue of 9.155 billion yuan, an increase of 80.07% year-on-year. As the company carried out gold exhibition business through provincial service centers and gradually made efforts in gold products during the reporting period, the sales of gold products increased significantly in the second half of the year, and the income structure of gold products changed; During the reporting period, the company’s operating profit was 1.586 billion yuan, an increase of 21.15% over the same period of last year, and the net profit attributable to shareholders of listed companies was 1.228 billion yuan, an increase of 21.21% over the same period of last year. The net profit attributable to shareholders of listed companies after deducting non recurring profits and losses was 1.193 billion yuan, an increase of 26.17% over the same period of last year (the growth rate exceeded the growth rate of operating profit by 5.02 percentage points), It shows that the business development of the company maintains a good trend, and the operating efficiency and profitability are improved. Since the company was listed in 2017, the average growth rate of the company’s net profit has been 23.51%; Since 2011, the roe of the company has exceeded 20% for 11 consecutive years.
By the end of the reporting period, the total assets of the company were 6.994 billion yuan, an increase of 5.07% over the beginning of the reporting period, the owner’s equity attributable to shareholders of listed companies was 5.772 billion yuan, an increase of 7.18% over the beginning of the reporting period, and the asset liability ratio at the end of the reporting period was 17.32%; At the end of the reporting period, the total share capital of the company was 1.096 billion yuan, an increase of 50% compared with the beginning of the reporting period, and the net assets per share attributable to shareholders of listed companies was 5.27 yuan, a decrease of 28.49% compared with the beginning of the reporting period, which was mainly due to the increase in share capital after the implementation of the distribution scheme of converting capital reserve into equity in the reporting period.
3、 Description of the difference from the previous performance forecast
Before the disclosure of this performance express, the company did not disclose the expected performance of 2021 in accordance with relevant regulations. 4、 Documents for future reference
1. Comparative balance sheet and income statement signed and sealed by the current legal representative of the company, the person in charge of accounting and the person in charge of accounting organization.
2. The internal audit report signed by the head of the internal audit department.
Chow Tai Seng Jewellery Company Limited(002867) board of directors
March 12, 2022
